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US west coast ports increase market share in 2016, says PMSA report
US west coast ports increased their market share in 2016 indicating losses to east coast and Gulf ports are being reversed, reports the American Journal of Transportation.
According to the Pacific Merchant Shipping Association (PMSA) West Coast Trade Report, the US west coast ports increased their container market share.
"Outbound or inbound, Pacific ports gained market share last year," said the PMSA report, adding that west coast containerised import market share by value rose from 47.4 per cent in 2015 to 49.2 per cent in 2016.
On the export side, the USWC share rose from 31.7 per cent in 2015 to 34.5 per cent in 2016.
But the number of inbound laden boxes at Long Beach fell 8.2 per cent year on year in December, but that was more than offset a 22.7 per cent increase at Los Angeles.
That left the nation's largest maritime complex with a combined 7.8 per cent year-on-year gain for the month.
Ports of Oakland, Seattle and Tacoma performed well in December 2016. Oakland experienced a 6.1 per cent gain in inbound loaded TEU in December while Seattle and Tacoma enjoyed a 13.5 per cent surge.
According to the Pacific Merchant Shipping Association (PMSA) West Coast Trade Report, the US west coast ports increased their container market share.
"Outbound or inbound, Pacific ports gained market share last year," said the PMSA report, adding that west coast containerised import market share by value rose from 47.4 per cent in 2015 to 49.2 per cent in 2016.
On the export side, the USWC share rose from 31.7 per cent in 2015 to 34.5 per cent in 2016.
But the number of inbound laden boxes at Long Beach fell 8.2 per cent year on year in December, but that was more than offset a 22.7 per cent increase at Los Angeles.
That left the nation's largest maritime complex with a combined 7.8 per cent year-on-year gain for the month.
Ports of Oakland, Seattle and Tacoma performed well in December 2016. Oakland experienced a 6.1 per cent gain in inbound loaded TEU in December while Seattle and Tacoma enjoyed a 13.5 per cent surge.
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